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12/22/06

European Business Guide: Rail freight services opened up to competition on 1 January 2007

For the complete report in the European Business Guide click on this link

Rail freight services opened up to competition on 1 January 2007

As of 1 January 2007 all rail freight services will be opened up to competition. This new stage in the process of revitalising the rail industry in which the Community has been engaged for several years should mark a turning point for rail freight, the market share of which has been declining since 1970 in most Member States and needs to be increased.

At present, in the Member States which have followed the Community timetable, only international freight services, which represent approximately half of the total market for the transport of goods by rail in Europe, are liberalised

Thanks to this new stage in the process, the Community hopes that rail freight will attract new investors and new customers by offering a quality service adapted to the needs of the market and that, overall, the railways will steadily increase their market shares in a lasting way.

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